No point in setting a nice round figure like 1 crore for your retirement 20 years from now. Because you never know what 1 crore in today's terms will look like so far away in future, it could be worth 20 lakhs in today's money and you can survive hardly 5 years on it. Better target to save 30X of your annual expenditure and invest 50-50 in debt/equity and withdraw 4% every year. (Refer Trinity Survey.) Example: If you're spending 50k every month now, you can retire tomorrow if you have a corpus of 1.8 crore. In simple terms, you can retire at any point of time when you have 30X of your annual expenses. For more details, feel free to contact us: FINANZ WEALTH MANAGEMENT Strategic Investment, Wealth & Risk Management ASHISH C DOSHI | VEDIKA A DOSHI +919022937373 | +919699302306 +919930456819 | +919920476588 [email protected] #Riterment #riskprotection #longterminvestment #securefamily #FinanzWealth #finanzwealthplan #MutualFunds #portfolio #investmentplanning #wealthcreation https://www.instagram.com/p/B4iblPSAKVN/?igshid=1d9qaukxzp1fv
